Big Ltd provided an advance of $500,000 to its subsidiary Boss Ltd on 1 July 2019. Interest of 5% was charged and paid during the year ended 30 June 2020. On consolidation the following adjustment is needed at 30 June 2020 in relation to the interest charged:

		DR Interest revenue $12,500 CR Interest expense $12,500
		DR Retained earnings $50,000 CR Cash $50,000
		DR Interest revenue $25,000 CR Interest expense $25,000
		DR Interest expense $25,000 CR Interest revenue $25,000